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Search Results 0 to 4 of about 5 (some duplicates have been removed)
Nov 29, 2012 6:00am EST
of the united states when he was chief of staff for bill clinton. he knows the game. he is a master negotiator. >> you are wearing me out. [laughter] >> i am older than you. it is a great privilege. what i am fascinated by, when this report came out, it was deafening. what are these guys doing? they are talking about revenues, spending cuts, and we sat in that room for seven months, and we come out with five democrats and five republicans and one independent, and if you do not think that is tough to get a range like that, you do not know anything about meetings or conferences or commissions. that is what we have got. across the street was the national association of realtors. i live with a realtor. she is not doing that anymore. she was a good lobbyist. she was tremendous. they just chuckled. home mortgage interest deduction? you guys are stupid. you will get rid of us. we do not get rid of it. take it from $1 million to $500,000. give everyone else a 12% non refundable tax credit. helps the little guy that everybody talks about. everything we did is set this, get rid of that, just remember th
Dec 5, 2012 1:00am EST
rates is something i would support. we supported them back in 1991 when bill clinton was running for president. no problem on that. it is a reasonable adjustment, but may not be sufficient to reach the targets we need, and it does not help us in bipartisan bargaining, reaching a deal. i hope as this negotiation -- we ought to be at the irish times -- that they will not make a fetish of marginal tax rates if they should go up some, but do they need to go back where they were? i do not know. lots of ways to increase taxes on rich people, and it may be that a hybrid of marginal tax increases and the kind of base- broadening, loophole closing, expenditure closing that simpson-bowles proposed should be part of the mix. raising marginal rates does not guarantee you will get your intended target. very rich people depend more on investment income than on their labor income. if you want to get them -- and this is where mitt romney was able to pay a 14% tax rate on earnings of $14 million -- so if you are trying to get the super-rich, the top tenth of 1%, it may be that marginal tax rates
Dec 4, 2012 8:00pm EST
to bill clinton. welcome. john has to leave us a little bit early. i will go to him first when we begin. we also have the co-director of bill. we have will marshal as well. we have senator bob pack worwar. xe is part of the '86 ta negotiations. hope to get your thoughts on that. please jump in. we have about an hour or an hour and a half. if you hear something you want to weigh in, please do not look to me, but i will try to direct the conversation as best as i can. we are talking about the other licy.ssue dax tax polic-- tax po the question of revenue -- how much and where to get it? the options are on the table. they need some ideas, both sides, to bridge this gap. we appear to be at a stalemate. i will turn it over to john podesta to get his thoughts. john, maybe you want to weigh in on some ideas and give your thoughts on this debate. >> following up on this morning 's sessions, in order to have a balanced approach, we need revenue and spending restraint. there were ideas talked about this morning with restraint on big entitlements and medicare, specifically. we also need new revenu
Search Results 0 to 4 of about 5 (some duplicates have been removed)